Business
After recently closing a US$400 million series D round from an investor consortium led by SoftBank Vision Fund 2 and Warburg Pincus, Singapore-headquartered Advance Intelligence Group joined the unicorn club. Its most well-known service? Atome, one of the region’s most prevalent buy now, pay later (BNPL) platforms. However, the group has a lot more under its belt, offering services ranging from digital lending and risk management to merchant software services that span 12 markets across Asia, Greater China, and Latin America. In this episode of Deep Dive, Tech in Asia’s Melissa Goh sheds light on Advance Intelligence, discussing the common thread that runs through its various business units, how it fared during the pandemic, and the company’s plans for the future. More information on today's episode here: https://www.techinasia.com/deep-dive-atomes-enigmatic-parent-company Featured reporter: Melissa Goh, a Tech in Asia journalist based in Singapore Essential reading: The enigmatic unicorn behind BNPL firm Atome Southeast Asia’s biggest buy now, pay later players StanChart to pour $500m into Atome as part of strategic partnership Singapore’s Advance Intelligence Group enters unicorn club after SoftBank co-led $400m round Episode sponsor: HVR 6.0 allows organizations to incorporate real-time movement into new and existing data management strategies, load massive tables much faster to speed up the adoption of new analytics systems, configure network encryption to make it secure by default, and dramatically simplify the deployment of initial data replication. Sign up now to take a test drive of HVR 6.0: https://techin.asia/HVR6